A more thorough explanation:

The Office of Housing is a department within the U.S. Department of Housing and Urban Development. Its main responsibility is to provide assistance for the construction and financing of new and rehabilitated housing, as well as preserving existing housing.

For example, the Office of Housing may provide funding for a developer to build affordable housing for low-income families. They may also offer loans to homeowners to make necessary repairs to their homes, ensuring that the housing remains safe and habitable.

The Office of Housing plays an important role in addressing the housing needs of Americans, particularly those who are most vulnerable. By providing financial assistance and support, they help to ensure that everyone has access to safe and affordable housing.